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Energy companies are about ready to loosen the purse strings

Energy companies are about ready to loosen the purse strings The lean years are unlikely to be over for energy companies amid rising crude-oil inventories and global uncertainty, but the industry is expected to start spending again after years of belt-cinching. OPEC and other major players have agreed to cut production starting this month, but … Continue reading Energy companies are about ready to loosen the purse strings

Bone-Chilling Winter From Berlin to Davos Causes Energy Scramble

Bone-Chilling Winter From Berlin to Davos Causes Energy Scramble From the rivers criss-crossing eastern Europe to the Mediterranean ports of Greece and France, everyone is hunting for energy supplies. Blizzards, gale force winds, arctic temperatures and river ice thicker than a house has left the stewards of the European energy business frenzied. Prices of natural … Continue reading Bone-Chilling Winter From Berlin to Davos Causes Energy Scramble

Failed energy?

Failed energy? SEABROOK, N.H. – Paul Gunter steps out of his Jeep in a near-empty parking lot off Seabrook’s Ocean Boulevard, unfolds his 6-foot-7-inch frame and tugs the bill of a well-worn cap against the sun. Behind him, anglers hang lines into Hampton Harbor from a nearby pier, and kayakers and swimmers play in the … Continue reading Failed energy?

#China Aims to Spend at Least $360 Billion on Renewable Energy by 2020

China Aims to Spend at Least $360 Billion on Renewable Energy by 2020 China intends to spend more than $360 billion through 2020 on renewable power sources like solar and wind, the government’s energy agency said on Thursday. The country’s National Energy Administration laid out a plan to dominate one of the world’s fastest-growing industries, … Continue reading #China Aims to Spend at Least $360 Billion on Renewable Energy by 2020

U.S. Electric Markets in Transition

U.S. Electric Markets in Transition The U.S. market for electricity is trifurcated. More than half the country is served by competitive generators bidding against each other in wholesale markets. Almost half is served by conventional state-regulated, vertically integrated utilities controlling generation and transmission. The rest, a much smaller portion, consists of government-owned and customer-owned utilities, … Continue reading U.S. Electric Markets in Transition